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Showing posts with label Comptroller Auditor General. Show all posts
Showing posts with label Comptroller Auditor General. Show all posts

Monday, March 23, 2009

CAG nails the lie on corrupt CONgress Govt's 'aam aadmi' 'Bharat Nirman' claims

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Like everyone I was shocked to know through Gujarat and Bharat's best Chief Minister Mr. Narendra Modi that Comptroller Auditor General (CAG) report has found a huge sum of रु ५०००० करोड़ (INR 50,000 crore / 500 Billion) unaccounted for and “missing” from the ‘Central government coffers/treasury’. (Source: Narendra Modi in Pune: Rs 50000 crore missing from treasury).

So researched more and found the following article ripping apart Antonia Maino aka Sonia Gandhi's ruled Congress led UPA government blatant lie called "Bharat Nirman" and the unthinkable levels of corruption.

CAG nails the lie on Govt's `aam aadmi' claims: Sonia’s audacity, Manmohan upset
Congress party president Sonia Gandhi while addressing her party workers early February lauded Manmohan Singh government's role for improving the hardships faced by the common man (aam aadmi). Both ‘aam aadmi’ and terror are likely to be party’s slogan for this election.

But it looks like Congress is losing its grip on ‘aam admi’, at least.

According to reports, UPA government has fallen short of expectations and many of its schemes like NREGS (national rural employment generation schemes) are reported to be anything but dismal in all senses.

Bharat Nirman project, the government’s flagship scheme, was essentially to improve infrastructure (bijli-sadak-paani), housing, and expand telephone network.
But records show a different picture of the government’s loud claims.
Even in key areas like ‘bijli-sadak-paani’ achievements has been nothing but poor, if one goes by the governments replies to the queries put forward by the MPs in the ongoing parliament session.

According to reports, government’s own official auditor, Comptroller and Auditor General (CAG) has raised an alarm asking the government to find how much of the Rs51,000 crore for the Bharat Nirman projects in 2007-08 have actually been spend.

According to a leading newspaper report, the funds to the tunes of Rs3000 crores in those two years were diverted from infrastructure development into the kitties of some NGOs, cultural organizations and spend for celebrations.

When CAG asked for clarification, the government washed its hands off saying that it was not really aware of the actual expenditure of the things done with the money transferred to the bank accounts of NGOs, autonomous bodies and district authorities.


Not even half of the Rs20,000 crores for telephone network connection in rural areas was implemented, CAG pointed out,

The list continues: Hardly 13% of targeted rural households were provided with electricity connections, only half of the target was reached for creating additional 10 million hectares of irrigation capacity, rural roads connection target too could be met even half way mark and rural water supply covered around 66%.
On further research found the actual CAG report that these reports are based off of and I am flabbergasted.

As per the independent audit report, it is true that Rs 51259.85 crore or 512.5985 Billion of Indian Tax Payers money is "not readily ascertainable". Rs 514 crore or 5.14 Billion of Indian Tax Payers money and selfless donation of Hindus for Temples has been redirected as subsidy for Haj Charters while only Rs 78 crore or 780 million for national fellowship for Scheduled Castes. This shows how serious this Congress government is about uplifting the so-called "lower castes". It is doing nothing but Muslim (or minority) appeasement divisive politics and exploiting the people on the basis of castes while doing negligible in return. Who is suffering the most in all this? Hindus and the Indian Tax payers.

Following is the important excerpt from the CAG report on Government's (mis)spendings:
2.2 Unascertainable unspent balances in the accounts of Implementing Agencies

In recent years, there has been a paradigm shift in the Central Government strategy for implementation of flagship programmes and other centrally sponsored schemes (CSS) for poverty alleviation, health care, education, employment, sanitation etc,. Most of these schemes were earlier implemented on cost sharing basis with transfer of central share to State Government. The Union Government has now started transferring central plan assistance directly to state/district level autonomous bodies, societies and non- Governmental organisations for implementation of CSS without devolving funds through the state Government accounts. The State and District level implementing bodies keep these scheme funds in their accounts in banks
outside Government Accounts.

For the year 2007-08, Union Government made a provision for transfer of central plan assistance of Rs. 51259.85 crore (as per revised estimates) directly to state/district level autonomous bodies and authorities, societies, nongovernmental organisations, etc., for implementation of centrally sponsored schemes. Since the funds are not being spent fully by the implementing agencies in the same financial year, there remain substantial amounts of unspent funds in their accounts. The aggregate amount of the unspent balances in the accounts of the implementing agencies kept outside Government accounts is not readily ascertainable. The Government expenditure as reflected in the Accounts to that extent is, therefore, overstated.

2.3 Opaqueness in Government Accounts

There is a global trend towards greater openness in government finances. This is based on a belief that transparent budgetary and accounting practices can ensure that funds raised by the states for public purposes will be spent as promised by the Government, while maximising the benefits derived from spending. One crucial component of a transparent system of accounting is that the forms of account in which the receipts and expenditure of the Government are reported to the legislature, are constantly reviewed and updated so that they truly reflect receipt and expenditure on all major activities of the Government in a transparent manner for meeting the basic information needs of all the important stakeholders. Scrutiny of Union Government Finance Accounts 2007-08 disclosed that Rs. 20273.52 crore under 28 Major Heads of accounts (representing functions of the Government) was classified under the Minor Head ‘800-Other expenditure’ in the accounts constituting more than 50 per cent of the total expenditure recorded under the respective Major Heads. This indicates a high degree of opaqueness in the accounts. Details of the Report of the Major Heads such as Family Welfare, Housing, Power, Civil Aviation, Other Rural Development Programmes, Agricultural Financial Institutions, Flood Control and Drainage, Capital Outlay on Foreign Trade & Export Promotion etc., with substantial expenditure classified as ‘Other Expenditure’ are given in Appendix-II-A.

Some significant expenditure items such as Indira Awaas Yojana (Rs. 3885 crore), Mission Flexible Pool towards utilisation for projects for North-Eastern region and Sikkim (Rs. 3152 crore), subsidy for Haj Charters (Rs. 514 crore), construction of rural godowns (Rs. 70 crore), national fellowship for Scheduled Castes ((Rs. 78 crore) etc., are not depicted distinctly in the Finance Accounts but are rolled up in the minor head ‘Other expenditure’.

Though the details of these expenditure are depicted at the sub-head (scheme) level or below in the Detailed Demands for Grants and corresponding headwise Appropriation Accounts forming the basis of Union Government accounts, the details are not depicted in Finance Accounts as they get consolidated at minor head ‘800-Other expenditure’.

This shows that the existing structure of the Government Accounts does not truly reflect the current activities of the Government in these Ministries/Departments. It is, therefore, recommended that the Government may conduct a comprehensive review of the structure of Government Accounts to address this deficiency for achieving greater transparency in financial reporting.
I sincerely encourage everyone to read at least, if not the whole report, the "Chapter 2: Comments on Account" section of the whole "Report of the CAG on Union Government Accounts 2007-08". The PDF is embedded below. It is divided into "Compliance Audit - Year 2009" and "Performance Audit - Year 2008".

Don't expect the biased pseudo-secular media to inform you about this corruption, they are content and enjoying their meal with their bailout that the Congress government has given to them in the form of huge "Bharat Nirman" ads that they are running everyday misleading the people of nonexistent achievements.

So, please, please, please definitely read the "Compliance Audit - Year 2009" part and make sure others read it too, especially the excerpts and chapter that I have quoted from CAG report above. If you are a Hindu and/or an Indian citizen, it is your Dharmic and constitutional duty to vote and above all be an informed voter.

Source:
"Comptroller and Auditor General of India" ->
"Compliance Audit - Year 2009" ->
"Report No. 13 - Accounts of the Union Government" ->
"Chapter 2 - Comments on Accounts"

Comptroller and Auditor General of India 2009 report on wasteful expenditure

Wednesday, March 18, 2009

Narendra Modi in Pune: Rs 50000 crore missing from treasury

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Please also watch "Candid Narendra Modi on fire in Thane" and "Narendra Modi on Terrorism, Farmer Suicides, Derelict Congress" in Gondiya. Must watch full length video of his speeches!

Watch below the video of Gujarat and Bharat's best Chief Minister Shri Narendra Modi's stellar speech in Pune attended by over 100,000 (1 Lakh) youths. In which he alleges that a Comptroller Auditor General (CAG) report has found a huge sum of रु ५०००० करोड़ (INR 50,000 crore / 500 Billion) unaccounted for and “missing” from the ‘Central government coffers’. He talks on dismal foreign policy, no action against terrorism even after over 42 major terrorist attacks, Congress's negligence about Taliban reaching Bharat-Pakistan border just like they ignored warnings about 26/11 Mumbai terrorist attacks one year before the attack.

He asked Bharatvaasi (misnomer: Indians) if they have ever seen an accused of a crime demand a judge to answer his 30 questions? How disgraceful it is that Pakistan demands answers from India instead of India twisting Pakistan's arm? Sick! He revealed that there are 40 districts in India which are completely controlled by Naxals and Government can't even step in that area. From Pashupatinath to Tirupathinath is all a "red corridor" now but Congress led UPA Government has done nothing about it. He talks about Shivraj Patil's fetish to change his clothes whenever there is a terrorist attack. He was busy doing fashion parade and changed his clothes 3 times after multiple bomb blasts during recent most terrorist attack in Indraprasth (misnomer: Delhi) on 9/13/2008 and 9/27/2008. Please read a secret report on him here. For complete time line (chronology) of 20 such more attacks in Indraprasth before these two please read here. If there is one politician in Bharat who follows true Raaj Dharm, it is Narendrabhai Damodardas Modi.

Modi alleges misappropriation of Rs 50000 cr by UPA govt
Launching the Lok Sabha election campaign of BJP-Shiv Sena alliance in Maharashtra from Pune, Gujarat Chief Minister Narendra Modi on Sunday evening alleged that a Comptroller Auditor General report has found a huge sum of Rs 50,000 crore unaccounted for and “missing” from the ‘Central government coffers’.

“The country wants to know from Prime Minster Manmohan Singh about this money that has simply vanished,” said Modi.

Training his guns on Singh, Modi said the country should know whether the huge sum of “missing” money purportedly mentioned in the CAG report was being used for “election purposes” by the ruling party or handed over to some “preferred NGOs”.

“Daal me kuch kala hai” (There is something fishy about this), he charged.

Targeting the prime minister, whom he described as a reputed economist, Modi alleged it was intriguing that the Harshad Mehta stock scam had happened when Singh was the Finance Minister in the Narsimha Rao government.

“Today, when he is Prime Minister, the ‘Satyam’ fiasco has surfaced. Why are such things happening when he is at the helm? Is it the result of his economic policies or something else,” Modi asked addressing a large gathering of more than 1 lakh youths.

Modi said that the NCP chief Sharad Pawar had failed to anticipate the Congress gameplan of shutting the doors on a Maharashtrian forever for the post of Prime Minister by ensuring a Maharashtrian as the President of India.

Modi said, “Pawar has walked into the Congress trap by becoming party to the move of having a Maharashtrian as the President. In doing so, Pawar has destroyed the dream of all Maharashtrians of having a Marathi person as PM.”
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